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227 Broad Street, Staten Island, NY, 10304
Mixed-Use Retail and 3-Bed Apartments

227 Broad Street Staten Island, NY 10304

For Sale
$1,100,000
Pending

MULTI_FAMILY - Staten Island, NY

Property Size3,375 SF
Lot Size0.05 Acres
Days on Market290

Property Features for 227 Broad Street

General Information

Property type
Residential Multi Family
Property subtype
Triplex
Zoning
R3-2
Bedrooms
6
Bathrooms
5
Rooms
Bedroom 2, Bathroom 2, Bedroom 5, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 6, Bathroom 3, Bathroom 5, Bathroom 6, Bathroom 4, Bedroom 3
Parking features
On Street
Basement
Unfinished, Full
Standard status
Pending
APN
00541-0026
Size
3,375 SF
Lot size
0.05 Acres

Taxes and HOA fees

Tax Annual Amount
2825

Utilities

Sewer type
Public Sewer
Heating system
Hot Water(Heating), Natural Gas

Building Details

Year built
1931
Floors in Building
3
Number of units
3
Building materials
Vinyl Siding
Listing Agency: Tom Crimmins Realty, Ltd.
Listed By: Young A Choi
Added: Oct 10, 2025 Changed: Jul 25 Last Checked: Jul 26 at 3:06PM
MLS# 2506035

Copyright © 2026 Staten Island Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This mixed-use property at 227 Broad Street on Staten Island features a retail storefront on the first floor and two residential apartment units on the second and third floors. The first floor is home to an established liquor store. The second and third floors each offer spacious 3-bedroom apartments that have been recently updated with new window frames and fresh paint.

The property includes outdoor space with a backyard that can support tenant use or future enhancements. The property is zoned R3-2.

With retail and residential space combined in one building, the configuration provides income-producing potential from the ground-floor business along with two upper-level apartment units.

Key Highlights

  • Mixed‑use property with a first‑floor established liquor store plus second- and third‑floor 3‑bedroom apartments
  • Second- and third‑floor apartments have recent updates, including new window frames and fresh paint
  • Backyard provides outdoor space for tenant use or future enhancements

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $129.6k $38.40
− Vacancy −$10.5k −$3.10
EGI $119.1k $35.30
− OpEx −$35.7k −$10.59
NOI $83.4k $24.71
3,375 SF · lease $38.40/SF/yr · vacancy 8.07% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.19M
$1.04M – $1.39M (±1% cap)
NOI $83,399 @ 7.0% cap · market cap 7.58%
Second Best
Apartment 5plus
$1.09M
$955.4K – $1.27M (±1% cap)
NOI $76,431 @ 7.0% cap · market cap 6.95%
Theoretical Best
Office A
$1.61M
$1.41M – $1.88M (±1% cap)
NOI $112,726 @ 7.0% cap · market cap 10.25%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Broad Wine & Spirits (Bike/Boat/Book/etc) Store

Suggested Use

Law Firm Real Estate Agency Dental Office Bakery (Bike/Boat/Book/etc) Store Computer & Electronic Repair Skin Care Clinic Tech Support Center Acupuncture Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - First-floor liquor store with two recently updated 3-bedroom apartment units above, plus a backyard for tenant use.
Where is this triplex located?
The property is located at 227 Broad Street Staten Island, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Mixed‑use property with a first‑floor established liquor store plus second- and third‑floor 3‑bedroom apartments; Second- and third‑floor apartments have recent updates, including new window frames and fresh paint; Backyard provides outdoor space for tenant use or future enhancements
More about this property
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